Form 4: Urgent.ly Inc. Director Ben Volkow Sells Shares Under 10b5-1 Trading Plan

Director Ben Volkow of Urgent.ly Inc. executed sales of common stock on February 18 and 19, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Ben Volkow, a director of Urgent.ly Inc., reported the sale of common stock on February 18 and 19, 2025.
• The sales were conducted under a Rule 10b5-1 trading plan adopted on November 20, 2023.
• On February 18, 2025, 7,600 shares were sold at a weighted average price of $0.4826, with prices ranging from $0.4672 to $0.504.
• On February 19, 2025, 1,400 shares were sold at a weighted average price of $0.4854, with prices ranging from $0.475 to $0.4968.
• Following these transactions, Volkow directly owns 357,484 shares of Urgent.ly Inc. common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports stock sales under a pre-arranged trading plan. There's no indication of positive or negative implications for the company.

Industry Context

This filing is a routine disclosure of insider trading activity. It's common for executives and directors to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

• The stock sales by a director could have a minor negative impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

Form 4, Urgent.ly Inc., Ben Volkow, stock sale, Rule 10b5-1, director, ULY